08 April 2015
Dear sir/madam,
1.My income is 15 lacks ,can you suggest me tax saving plans for FY 2015-16.
2.Recently I purchased agricultural land if I register land on my name can I get any tax benefit suggest me otherwise I will register it on my father name........thanks in advance
08 April 2015
you can invest in sec 80C under various options and can claim deduction upto 1.50 lakhs and can utliize sec 10 if u are having salary income and those exemption applicable to save tax
purchasing agriculture land in your or fathers name will not give u any deduction.